The money will flow back into the accounts where the books were actually purchased, be they at Amazon, Barnes & Noble, Kobo, or Apple. I expect most of mine to come to B&N; not sure exactly what I’ll spend them on given that I don’t buy B&N e-books anymore. Maybe a Blu-ray or something. Season 3 of RWBY should be dropping soon, and the first couple seasons of that are what I spent the $20 or so I got from the previous round of refunds on. The amount refunded this time around will be $6.93 for each New York Times bestseller, and $1.57 each for other books.

This brings the total refund to consumers over the price-fixing affair to $566 million, counting the already-disbursed $166 million from settling publishers.

And that should finally put an end to the whole sordid affair once and for all.

Note: TeleRead is in the middle of changing over from a .com address to the present.org one. Because of the complications, the wrong byline at one point appeared on this post, actually written by Chris Meadows.

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Published by Chris Meadows

TeleRead Editor and Senior Writer Chris Meadows has been writing for TeleRead--except for a brief interruption--since 2006. Son of two librarians, he has worked on a third-party help line for Best Buy and holds degrees in computer science and communications. He clearly personifies TeleRead's motto: "For geeks who love books--and book-lovers who love gadgets." Chris lives in Indianapolis and is active in the gamer community.
View all posts by Chris Meadows

3 thoughts on “$400 million in Apple price-fixing refunds will begin disbursal June 21”

I fear that a lot of Amazon customers may have no clue that they have received the Apple settlement money. Instead of emailing the recipients about this, they have chosen to quietly deposit it in your gift card account. Even when checking that account, there is no mention of the source of this largess. Already on the Kindle forum there are posts indicating that people are calling Amazon to find out why and from whom they have received a gift card. It would seem to me that an email from Amazon to all of the recipients would cause less confusion and fewer phone calls. Certainly I am not complaining about receiving it, for mine was 2-1/2 times the amount of the publishers’ settlement. Only complaining about the stealth and the confusion it is bound to cause.

Well, they’ll find out they got the money next time they order from Amazon and it offers to let them use the gift card balance to pay for it. It’s not as if not telling them about it doesn’t mean they don’t get it.